As inflation hits 7%, here’s a list of industries the Biden administration is targeting

Inflation has become one of the top economic issues in the U.S., and the Biden administration is acting accordingly with various policy actions.

U.S. consumer prices rose 0.5% in December and 7.0% on a year-over-year basis, according to the Bureau of Labor Statistics. It’s the fastest rate since 1982. 

Two of the biggest drivers of price spikes over 2021 have been in food and energy which is likely the reason the White House has focused on both of those sectors both for inflation as well as…

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